The YBM Magnex Files Adrian du Plessis ... - Deep Capture

that your public company has available.
I understand that you previously told a Stockwatch employee that you would provide no such
materials. However, the call from Mr. Bogatin to Mr. Woods, followed your call and was insistent
that YBM (through you) would be providing this information.
Accordingly, I am taking this opportunity to follow up on Mr. Bogatin?s promise and make the
appropriate arrangement for the delivery of these materials.?
I provided Held with an email address to contact myself and another address for John Woods at
Stockwatch - leaving him the choice of dealing with whomever he preferred. Later that same
day I received an email response from someone at YBM who was using the internet address
Eyull@aol.com . ?Eyull? asked me for a mailing address which I promptly supplied. (Seven
weeks later, these communications have yet to result in a single page being received by myself
or Canada Stockwatch.)
YBM may have been slow, or failed to cooperate, in providing information to interested parties
from whom it saw ?nothing to gain?, but, at least, it was quick to contact those parties that
questioned its affairs.
I learned that an employee of a brokerage firm in Vancouver had also been researching YBM
Magnex. They?d concluded that the company?s fundamentals did not add up - raising further
doubts about the firm?s purported claims of dominance in sectors of the permanent magnet
industry and its vaunted sales and profits figures. As part of their due diligence process, this
Howe Streeter had sent out questions to various members of the magnet industry. Almost
comically, a query had been forwarded to one of the U.S. magnet-makers that had recently
been acquired by YBM Magnex. Brass at the public company, YBM Magnex International, were
not amused, however, and aggressively complained to the Vancouver brokerage.
In late April 1998 an unidentified male telephoned my Internet Service Provider. The caller?s
accent was so heavy that, at first, the ISP representative couldn?t decipher the words being
voiced in an accusatory tone. It then became understood that the annoyed party was
demanding to know how to locate me. (If they simply wanted to contact me, my email address
has been public for years.) When such information was not forthcoming, the caller made
comments to the effect that the ISP would be responsible for what I was doing.
By this time I had learned about YBM?s Russian mafia origins and links. I knew from the file of
data amassed on the company that this had the potential of being the most serious - as well as
the most bizarre - case I?d investigated in my 18 entire career. I was warned about the dangers
of proceeding by: a Russian who?d been assisting me with translations; a senior Canadian
journalist and editor; American and Canadian stockbrokers; and several other professional and
personal contacts. Even John Woods at Stockwatch and my own family - for the first time ever -
did not think it would be safe to dig deeper.